Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
First publishedJul 14, 18:41 UTC
Last updatedJul 15, 18:35 UTC · 14d ago
1 outlet
CNBC Top News
1 outlets over time — hover a bar for its window & outletslast updated
Answer
Cybersecurity stocks rose after IBM CEO Arvind Krishna said companies are rethinking their spending. This includes AI spending. Some major deals were put on hold.
Reported by 1 outlet — CNBC Top News. See all sources ↓
IBM CEO Arvind Krishna told CNBC's Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
Read the full report at CNBC Top News ↗
Why it matters
Cybersecurity stocks went up. IBM's CEO said companies are thinking about their spending. This includes money for AI. Some big deals were stopped.
In brief
- What's the story?
- Cybersecurity stocks rose after IBM CEO Arvind Krishna said companies are rethinking their spending. This includes AI spending. Some major deals were put on hold.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 14d ago.
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Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
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Related in the knowledge graph
organizationArvind KrishnaorganizationCNBC's Sara EisenorganizationCybersecurityorganizationIBM's Krishna. IBM CEO
Sources (1)
Avg source rating 7.0/10Processing cluster
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